President Donald Trump will announce his reciprocal tariff push on April 2 during an event in the White House Rose Garden, his top spokesperson said.
March 31, 2025tariffs News Updates
Trump to Unveil ‘Country-Based’ Tariffs April 2
Volvo Car Brings Back Samuelsson as CEO to Steer Turnaround
Volvo Car AB tapped its longtime CEO Hakan Samuelsson to retake the helm as the Swedish automaker tries to navigate its way out of a malaise worsened by looming U.S. tariffs.
March 31, 2025Car Shoppers Race to Beat Tariff Price Increases
Edmunds projects Q1 car sales totaling 3.8 million vehicles, the strongest start to the year since 2021. Promised U.S. tariffs could jack up sticker prices once inventories are depleted.
March 31, 2025Trump, Carney Talk, Plan Meeting After Canada’s Election
President Donald Trump said he spoke with Canadian Prime Minister Mark Carney and that the two would meet after Canada’s election, amid an intensifying tariff war between the allies.
March 28, 2025Economist: Tariffs Risk ‘Irreparable Damage’ to US Carmakers
Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s tariffs could weaken the ability of U.S. automakers to compete with their foreign counterparts.
March 28, 2025Walmart Invests $6 Billion in Mexico Even as Economy Slows
Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.
March 28, 2025Canada's Carney Holds Back Retaliation Until Next Week
Prime Minister Mark Carney says Canada will fight back against President Donald Trump’s tariffs on the auto sector, but he did not outline any new retaliatory measures against the U.S.
March 27, 2025Mexico Seeks ‘Preferential Treatment’ From Trump on Tariffs
Mexico's Economy Minister Marcelo Ebrard said the country must ensure its exports to the U.S. get a lower tariff fee than others.
March 27, 2025Europe Lashes Out Over Trump Auto Tariffs
European automakers on March 27 decried the U.S. import tax on cars as a heavy burden that will punish consumers and companies alike on both sides of the Atlantic.
March 27, 2025Tariffs on Canada Lumber Risk Pinching Toilet Paper Supply
President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.
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